K-Tech Solutions (NASDAQ:KMRK) Posts Quarterly Earnings Results

K-Tech Solutions (NASDAQ:KMRK) posted its earnings results on Wednesday. The company reported $0.02 EPS for the quarter, FiscalAI reports. The firm had revenue of $2.63 million for the quarter.

K-Tech Solutions Stock Performance

Shares of NASDAQ:KMRK traded up $0.05 during trading on Thursday, reaching $1.25. 32,661 shares of the company traded hands, compared to its average volume of 368,780. K-Tech Solutions has a 52-week low of $0.78 and a 52-week high of $6.59. The business’s fifty day moving average is $1.14 and its 200-day moving average is $1.82.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of K-Tech Solutions in a report on Monday, June 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

K-Tech Solutions Company Profile

We are principally engaged in the design, development, testing and sale of a diverse portfolio of toy products ranging from simple plastic toy products to more complex electromechanical toy products. Our solution services span across the entire development stage of toy products from design, prototype testing, production management, quality control to after-sales services. We specialize in the development of infant and pre-school educational toys and learning kits. We started our operation in 2016 and have developed relationships with our customers mainly located in European and North American countries which possess renowned brands and intellectual properties in toy products.